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SÃO PAULO, Brazil, Oct. 19, 2021 (GLOBE NEWSWIRE) — XP Inc. (Nasdaq: XP), a leading, technology-driven platform and a trusted provider of low-fee financial products and services in Brazil, announced today the acquisition of a minority stake in AZ Quest, one of the largest and most traditional independent asset management companies in Brazil, and part of Italian Azimut Group since 2015. AZ Quest has a diversified platform of products that include Equities, Macro, Private Credit and Arbitrage strategies. The acquisition is part of XP’s strategy to develop the most complete ecosystem of managers and distributors in Brazil.
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